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there is word of new action after a whole lot of talk so-called fiscal cliff. this news is breaking now. aids say john boehner has sent president obama a new counter offer tonight. it's apparently a response to an offer the white house made yesterday. that was one day after the president and the speaker met one on one at the white house. of course three weeks from today automatic tax hikes and spending cuts kick in if they can't come to deal. jim angle is following late developments from our washington newsroom. there have been a lot of them in just the last 30 minutes. >> i will say, shep. the clock, of course, as you indicated is clicking louder. not clear if we had real progress or just movement. president and speaker boehner did talk by phone tonight after white house offer monday and counter offer from boehner about which his office said quote we sent the white house a counter offer that would achieve tax and entitlement reform to solve our loom being debt crisis and create more miner jobs. the statement also reit raided, however, what speaker boehner and
there is word of new action after a whole lot of talk so-called fiscal cliff. this news is breaking now. aids say john boehner has sent president obama a new counter offer tonight. it's apparently a response to an offer the white house made yesterday. that was one day after the president and the speaker met one on one at the white house. of course three weeks from today automatic tax hikes and spending cuts kick in if they can't come to deal. jim angle is following late developments from our...
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Dec 9, 2012
12/12
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>>gregg: talks on avoiding the fiscal cliff taking on a new turn at president obama meets with the house of representatives speaker boehner at the white house. we have a live report. our political insiders are here, too. >>heather: a turn for the worse for the most bitter enemy, chavez, headed to cuba for medical treatment. we have the latest on his condition. >> a dallas cowboy player appearing in a court of laugh after a deadly crash killed his team may, josh brent could face up to 20 years behind bars. and now, live in allege in which in arlington, next. >> quiet this afternoon. the cowboys play add game this afternoon in ohio against cincinnati. just recently, they won that game. we will show you a powerful picture that came out of ohio today. jerry brown's jersey laid out on the bench there. a moment of silence, also. 24-year-old josh brent had a bond hearing in texas this morning. a judge set the bail at $500,000. the attorney is arguing that is too high. he is petitioning to have that bond reduced so it is unclear when he will get out of jail. the police say it was late friday nig
>>gregg: talks on avoiding the fiscal cliff taking on a new turn at president obama meets with the house of representatives speaker boehner at the white house. we have a live report. our political insiders are here, too. >>heather: a turn for the worse for the most bitter enemy, chavez, headed to cuba for medical treatment. we have the latest on his condition. >> a dallas cowboy player appearing in a court of laugh after a deadly crash killed his team may, josh brent could...
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Dec 12, 2012
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madam president, the headline news for the last many weeks has been the fiscal cliff. in speaking with the president six months before the election, a few weeks before the election, a few days before the election and immediately after the election, he indicated that we needed to get our financial house in order and that his goal was to do just that. but to do that, because of past experiences, he laid out what he wanted, and that's very simple. the rates for those who have been blessed with economic security in this country will have to pay a little bit more and those middle-class americans will have the same tax structure they had for the last many years. he will not raise taxes on the middle class and those people who have done well will have to pay a little bit more. the american people think this is the way it should be. now, madam president, just a little bit of history -- i've said this before and i'll go into a little more detail today. when i first became the leader, i took a trip with a number of senators to south america to countries that we american senators
madam president, the headline news for the last many weeks has been the fiscal cliff. in speaking with the president six months before the election, a few weeks before the election, a few days before the election and immediately after the election, he indicated that we needed to get our financial house in order and that his goal was to do just that. but to do that, because of past experiences, he laid out what he wanted, and that's very simple. the rates for those who have been blessed with...
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Dec 8, 2012
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he talks about the fiscal cliff and laying the groundwork for the 2013-2014 election. that is at 10:00 a.m. eastern on c-span. >> in president obama's weekly address, he talks about tax policy, the tax cuts put in place by the previous administration that will expire at the end of the year. then the republican address on the economy, jobs, and education policy. >> hello, everybody. over the last few weeks, there's been a lot of talk about deadlines we're facing on jobs and taxes and investments. but with so much noise and so many opinions flying around, it can be easy to lose sight of what this debate is really about. it's not about which political party comes out on top, or who wins or loses in washington. it's about making smart decisions that will have a real impact on your lives and the lives of americans all across the country. right now, middle-class tax cuts are set to expire at the end of the year. time is running out. and there are two things that can happen. first, if congress does nothing, every family in america will see their income taxes automatically go
he talks about the fiscal cliff and laying the groundwork for the 2013-2014 election. that is at 10:00 a.m. eastern on c-span. >> in president obama's weekly address, he talks about tax policy, the tax cuts put in place by the previous administration that will expire at the end of the year. then the republican address on the economy, jobs, and education policy. >> hello, everybody. over the last few weeks, there's been a lot of talk about deadlines we're facing on jobs and taxes and...
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Dec 13, 2012
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and the fiscal cliff is only part of the story. in less than a month, a new 3.8% tax on net investment income of single taxpayers earning more than $200 and -- $200,000 and married couples earning more than $250,000 will go into effect as part of the so-called accountable care act. as a result the tax rate on capital gains for upper-income taxpayers is already scheduled to increase by 4%, almost 4%. we should not add another five percentage point tax increase on top of that. upper-income taxpayers will face a 23.8% tax on capital gains in 2013 if congress fails to act to prevent a rise in the capital gains tax. sometimes the magnitude of these numbers is lost on folks. they might think, well, that is only a jump from 15% to about 24%, not a big deal. but just a few points. but that represents a 59% increase from current law. during the fiscal cliff negotiations, some have possible ited that all -- posited that all that is at stake is a return to the tax rates of the clinton era. but that is not what is happening with tax rate on ca
and the fiscal cliff is only part of the story. in less than a month, a new 3.8% tax on net investment income of single taxpayers earning more than $200 and -- $200,000 and married couples earning more than $250,000 will go into effect as part of the so-called accountable care act. as a result the tax rate on capital gains for upper-income taxpayers is already scheduled to increase by 4%, almost 4%. we should not add another five percentage point tax increase on top of that. upper-income...
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Dec 6, 2012
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cliff. we need bipartisanship and we need consensus building. with bipartisan consensus, i believe we can avert the fiscal cliff looming before us and put our nation on a sustainable fiscal path. to do anything less could put our nation and our future at risk. in little more than a month, nearly $400 billion in tax increases will combine with sequestration, more than $100 billion in mandatory across-the-board spending cuts over one year, to drag our nation over the so-called fiscal cliff. what those tax increases mean to an average american family of four earning $50,000 a year is over $2,000 in higher income taxes. add to that expiration of the alternative minimum tax patch, new taxes mandated by the federal health care bill, and the reinstatement of the death tax, which will impact the next generation of farmers, ranchers, and small business owners, which americans will see the largest tax increase in the history of our country. if all of this happens, the congressional budget office predi
cliff. we need bipartisanship and we need consensus building. with bipartisan consensus, i believe we can avert the fiscal cliff looming before us and put our nation on a sustainable fiscal path. to do anything less could put our nation and our future at risk. in little more than a month, nearly $400 billion in tax increases will combine with sequestration, more than $100 billion in mandatory across-the-board spending cuts over one year, to drag our nation over the so-called fiscal cliff. what...
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Dec 10, 2012
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they met yesterday to discuss the fiscal cliff. the president will visit a diameter eco-plant in redford. and as "the detroit news" reports, the company plans to announce $109 investment in that plan for new technology and expanding their production. you can watch the president's remarks live at about 2:00 eastern over on our companion network, c-span. >> friday, former reagan officials reflected on the 1987 negotiations on a nuclear missile treaty with the soviet union. the intermediate nuclear forces treaty, or inf, led to the destruction of thousands of europe-based nuclear missiles on both sides. speakers here will include former assistant secretary of state richard burt, former u.s. ambassador to the soviet union, jack matlock, and will also there from former assistant secretary of state rozanne ridgway. the american foreign service association posted this hour and 20 minute event. >> i would like to wish all other good morning. one. i'm susan johnson, the president and i would like to extend a very warm welcome to you all. an
they met yesterday to discuss the fiscal cliff. the president will visit a diameter eco-plant in redford. and as "the detroit news" reports, the company plans to announce $109 investment in that plan for new technology and expanding their production. you can watch the president's remarks live at about 2:00 eastern over on our companion network, c-span. >> friday, former reagan officials reflected on the 1987 negotiations on a nuclear missile treaty with the soviet union. the...
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Dec 8, 2012
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tomorrow, we will talk about the latest news about the so-called fiscal cliff negotiations with a former congressional budget office director. then a look at the lobbying going on in washington. later, a look at developments in syria and the response from the international community. "washington journal" here on c- span. this week, we will have the vermont governor and new chairman of the democratic governors' association, who will talk about the fiscal cliff and laying the groundwork for the 2013 and 2014 elections. lives on sunday at 10:00 a.m. eastern. next, a quick look at president obama and the first family last week at the national christmas tree lighting ceremony. ♪ [applause] >> merry christmas, everybody! >> it is great to see you all. happy holidays. happy holidays, mr. president. >> is it time? i think it's time. i hope everybody is ready. we have to do the countdown. starting with five. 5, 4, 3, 2, 1. [cheers] ♪ >> merry christmas, everybody. ♪ >> please welcome the director of washington and st. john's church. >> let us about our heads in prayer. let us prey. gracious
tomorrow, we will talk about the latest news about the so-called fiscal cliff negotiations with a former congressional budget office director. then a look at the lobbying going on in washington. later, a look at developments in syria and the response from the international community. "washington journal" here on c- span. this week, we will have the vermont governor and new chairman of the democratic governors' association, who will talk about the fiscal cliff and laying the groundwork...
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Dec 7, 2012
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. -- i do think we need to go over the fiscal cliff. host: here is the story from the "new york times" today. we are talking about the fiscal cliff negotiations and whether compromise or sticking to principles should be what members of congress and the president should do here. a couple of weets this morning. when leaders say -- when people say leaders should stick to their principles, they mean leaders should stick to my principles. a lot of columns this morning talking about this issue, the ongoing fiscal cliff negotiations. here is "the washington post." we are taking your thoughts on the issue. but gutted the independent line. welcome to the "washington journal." caller: i agree also with a caller on the democrat line. i agree with what he was referring to -- c-span changing a with bias. the issues, they did not talk about it. the ones who are behind it are the political parties. the industrial military complex host: if the country does off of the fiscal cliff, who do you think it's more of the blame on this? it is the president of
. -- i do think we need to go over the fiscal cliff. host: here is the story from the "new york times" today. we are talking about the fiscal cliff negotiations and whether compromise or sticking to principles should be what members of congress and the president should do here. a couple of weets this morning. when leaders say -- when people say leaders should stick to their principles, they mean leaders should stick to my principles. a lot of columns this morning talking about this...
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Dec 11, 2012
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thank you. >>> big story in washington, d.c., no news at all. silence about the fiscal cliff. the president and the house speaker john boehner holding closed door meetings to work out a deal or try to. 21 days and counting away from tax hikes and spending cuts going into affect. and congress breaks for christmas on friday. here is where things stand. the president hitting the road to sell his tax plan to -- at a truck plant to workers in michigan. and there are fiscal cliff talks and on capitol hill for a single day, all was quiet. that's always bad news if you are a political reporter, shannon travis live in washington, d.c.. there are some people who say well, let's read into the silence, because that's all we're getting and it's good news. do you feel that way? >> could be potentially good news. there is this notion of not negotiating through the media. the stakes are high, puts pressure on both sides. so on? that sense, as much as we would love to know what's going on in these discussions, it might be good to take some of the pressure off. i will read a statement from hous
thank you. >>> big story in washington, d.c., no news at all. silence about the fiscal cliff. the president and the house speaker john boehner holding closed door meetings to work out a deal or try to. 21 days and counting away from tax hikes and spending cuts going into affect. and congress breaks for christmas on friday. here is where things stand. the president hitting the road to sell his tax plan to -- at a truck plant to workers in michigan. and there are fiscal cliff talks and...
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Dec 7, 2012
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thank you very much. >>> despite the assessment from the speaker of the house on the fiscal cliff, the fact he says there is no progress being made so far, the dow sort of playing past it. right now the industrials up by 46 points at 13,120 and change. apple is part of the nasdaq. apple down $14 a share. another 2.66% today as scott mentioned a moment ago, $50 billion in market value shaved off of apple this week alone. >>> let's begin with those comments just 24 days to go until america confronts the fiscal cliff. house speaker boehner coming out earlier today and saying no progress has been made in the negotiations. our chief washington correspondent john harwood is here with the latest. >> reporter: we ended the week with a fairly perfect, simple, clear, elegant expression of the partisan differences in this fight. speaker boehner came out and gave a press conference where he essentially said president obama has done nothing to compromise with republicans. here's the speaker. >> four days ago we offered a serious proposal based on testimony of president clinton's former chief of sta
thank you very much. >>> despite the assessment from the speaker of the house on the fiscal cliff, the fact he says there is no progress being made so far, the dow sort of playing past it. right now the industrials up by 46 points at 13,120 and change. apple is part of the nasdaq. apple down $14 a share. another 2.66% today as scott mentioned a moment ago, $50 billion in market value shaved off of apple this week alone. >>> let's begin with those comments just 24 days to go...
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we'll show you his big idea for the fiscal cliff. >>> welcome back. we love hearing from you viewers from twitter and facebook. many of you are responding to the passage of the so-called right to work law in michigan. the republican controlled house in that state backed by a republican governor. michael calls it, right-to-work, a slick law that goes against the wishes of michigan workers and got squeezed through by radical party. marge says, it won't be a republican controlled house for long. the unions will fight back just like in illinois and wisconsin. and bob predicts rick schneider is going to be a one-term governor. >>> coming up, dick cheney criticizes the president's handling of the wars he helped start. colonel lawrence wilkerson is here to respond. >>> welcome back. 27 days after karl rove made a fool of himself on fox, bush's brain is back in action. rove and dick morris were benched by fox brass after being completely wrong about the 2012 election. on monday, the fox straight news show was granted special permission to put mr. rove back on
we'll show you his big idea for the fiscal cliff. >>> welcome back. we love hearing from you viewers from twitter and facebook. many of you are responding to the passage of the so-called right to work law in michigan. the republican controlled house in that state backed by a republican governor. michael calls it, right-to-work, a slick law that goes against the wishes of michigan workers and got squeezed through by radical party. marge says, it won't be a republican controlled house...
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the fiscal cliff is hanging on the market. as soon as you see john boehner talk for obama it doesn't matter. the market seems to come off of that news. traders have got to look out if there's a joint announcement, chances are they're close to a deal, we will see the market higher. look out for that. dave: let's get off of stocks and deal with oil. we see oil slipping a bit and you see a point at which you might stop and that is $84.50. that is the point we have got to look at coming in next week as the starting point for this drop. phil: we have come down to that range several times over the last few weeks and that is when you had highest level supply out there and you didn't really have much geopolitical risk. we start to come back to that mode so we will scale back to that level before things heat up in the middle east and we have supply crunches due to the cold weather ahead of us. >> next week we have the final fit meeting of the year. the jobs report and everything we have been seeing. phil: we will see the fed continue o
the fiscal cliff is hanging on the market. as soon as you see john boehner talk for obama it doesn't matter. the market seems to come off of that news. traders have got to look out if there's a joint announcement, chances are they're close to a deal, we will see the market higher. look out for that. dave: let's get off of stocks and deal with oil. we see oil slipping a bit and you see a point at which you might stop and that is $84.50. that is the point we have got to look at coming in next...
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Dec 9, 2012
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>> coming up, just 22 days until the fiscal cliff deadline. most of the work of course going on behind closed doors between speaker boehner and president obama but this morning i'll go inside the negotiations with two lawmakers closest to them. top white house ally in the senate, dick durbin of illinois and congressman kevin mccarthy of california. i spent time on capitol hill this week. the one question i want to know this morning, what has changed since the debt debacle of last summer? the sense is we may be closer to a deal that posturing leads you to believe. we'll talk about that with our political roundtable, as well, with newt gingrich and msnbc's lawrence o'donnell and the 2016 speculation has begun. that's coming up. >> now, your 11 insta-weather plus forecast with ava marie. >> good morning. the time is 9:39, it is 53 degrees downtown. that's a live look from skycam right now, a couple of rain drops still on the camera lens. 50 degrees at b.w.i. marshall where the humidity has dropped to 93%, down from a 100% humidity earlier this mo
>> coming up, just 22 days until the fiscal cliff deadline. most of the work of course going on behind closed doors between speaker boehner and president obama but this morning i'll go inside the negotiations with two lawmakers closest to them. top white house ally in the senate, dick durbin of illinois and congressman kevin mccarthy of california. i spent time on capitol hill this week. the one question i want to know this morning, what has changed since the debt debacle of last summer?...
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Dec 7, 2012
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mary snow, cnn. >>> happening now, the fiscal cliff hanger, will the new job's report convince the president or the house speaker to start compromising. and same sex marriage on the line. the justice's eagerly awaited announcement, and the secret service is under investigation for a shocking security breach. sensitive information left on a train. i'm wolf blitzer, you're in "the situation room." a analyst warn that you need to big under the headlines to get a better sense of the economy right now. hired continues to grow at a modest pace, 146,000 jobs were added this month, better than economists expected. and unemployment fell to 7.7%. here is the catch. more than a third of the jobs added were in retail, and many of them may vanish after the holidays, and the drop in the unemployment rate was mainly due to the fact that 350,000 people simply gave up looking for work. let's bring in jim acosta. jim, will these jobs numbers have any impact on the stand off over the so-called fiscal cliff. >> wolf, they might. the new job's report could give the president leverage on his push to raise taxes.
mary snow, cnn. >>> happening now, the fiscal cliff hanger, will the new job's report convince the president or the house speaker to start compromising. and same sex marriage on the line. the justice's eagerly awaited announcement, and the secret service is under investigation for a shocking security breach. sensitive information left on a train. i'm wolf blitzer, you're in "the situation room." a analyst warn that you need to big under the headlines to get a better sense of...
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Dec 9, 2012
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. >> still to come on america's news headquarters, fiscal cliff fiasco. enough about tax rates going up, the outrageous thing virtually no one's talking about is our spending problem. america is $16 trillion in debt and counting. how much does each american -- you! owe? we'll break it dowfnlt regulation nation. the federal government wants to take away people's homes, tear them down and plant grass, all in the name of environmental cleanup. democrats and robberies robberie joined forces to fight back. >> isn't there anyone who know what is christmas is all about? >> everyone loves charlie brown, right? not so fast. the beloved cartoon character is caught up in a war on christmas. i gave birth to my daughter on may 18th, five days later, i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. >> the holidays are a time for giving and a perfect time to remember those who have hel
. >> still to come on america's news headquarters, fiscal cliff fiasco. enough about tax rates going up, the outrageous thing virtually no one's talking about is our spending problem. america is $16 trillion in debt and counting. how much does each american -- you! owe? we'll break it dowfnlt regulation nation. the federal government wants to take away people's homes, tear them down and plant grass, all in the name of environmental cleanup. democrats and robberies robberie joined forces...
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Dec 13, 2012
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we will continue look at the so- called fiscal cliff with mary agnes carey of kaiser health news and look at the impact on medicare after this news update from c-span radio. >> south carolina republican jim demint predicts that president obama will win the battle over raising taxes. "the proposal is not a plan or a solution." senator demint said both parties have "failed the country." he thinks the president is going to get his wish. jim demint is stepping down from the senate to become the president of the heritage foundation. a disaster aid package for states hit by superstar sandy in light of october. the committee released a draft of the legislation yesterday. tom coburn noted there was significant waste, fraud, and abuse in a federal spending and he does not want the same thing to happen if sandy aid is rushed through congress. testimony on senate's impact on small businesses. you could hear live at 10:00 a.m. on c-span radio. those are some of the latest headlines on c-span radio. [video clip] >> we do know the story of the cold war. we have seen the archives that describe rela
we will continue look at the so- called fiscal cliff with mary agnes carey of kaiser health news and look at the impact on medicare after this news update from c-span radio. >> south carolina republican jim demint predicts that president obama will win the battle over raising taxes. "the proposal is not a plan or a solution." senator demint said both parties have "failed the country." he thinks the president is going to get his wish. jim demint is stepping down from...
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Dec 10, 2012
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fiscal cliff -- [ ♪ "world news tonight" ♪ ] whatever. fiscal negotiations -- they're not really negotiations. >> they're just kind of screaming at each other. >> laws saying how women can't date postal workers it just dates out that way. >> stephanie: the fiscal worker cliff clavin is upon us. >> i don't want to do it. the president doesn't want to do it but we need to solve the problem. we cannot allow the reckless position to drive this economy into another recession. a recession which the republicans will own. >> stephanie: by the way, you can tell they're still just playing politics with this. representative john duncan, republican of tennessee said why they're refusing to give in on the tax cuts. he won't vote to extend tax cuts to 98% of americans because doing so would give control to the democrats. it is not about what's best for the american people. it is about what's best for the republican party. >> i think they should go with that suicidal idea that jim o'reilly was saying. >> jim, stop it. >> jim ward. >> stephanie: jim, jim
fiscal cliff -- [ ♪ "world news tonight" ♪ ] whatever. fiscal negotiations -- they're not really negotiations. >> they're just kind of screaming at each other. >> laws saying how women can't date postal workers it just dates out that way. >> stephanie: the fiscal worker cliff clavin is upon us. >> i don't want to do it. the president doesn't want to do it but we need to solve the problem. we cannot allow the reckless position to drive this economy into...
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Dec 9, 2012
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on the issue for the next two months, the fiscal cliff. nancy has more. >> the fiscal cliff one subject today on the network television talk shows and we rebroadcast five of them beginning with nbc's "meet the press." dick durbin and kevin mccarthy. today's guests include finance committee member tom coburn and democratic senator stabenow. share elect republican representative henserling and the co-chair. fox news sunday with chris wallace, today's sitting down with chuck schumer of new york and republican senator bob corker, a member of the senate banking committee. also today, the israeli ambassador to the u.s. talking with managing director of the imf, christine lagarde. at 4:00, "face the nation." bob schieffer talks with alan simpson and erskine bowles, co-cahairs, and cory booker. they're all brought to you as a public service by the networks. they begin at noon with "meet the press." 1:00, abc's "this week." and 4:00, "face the nation" cbs. listen on 90.1 in the d.c. area and satellite channel 119. you can listen on your smartphone
on the issue for the next two months, the fiscal cliff. nancy has more. >> the fiscal cliff one subject today on the network television talk shows and we rebroadcast five of them beginning with nbc's "meet the press." dick durbin and kevin mccarthy. today's guests include finance committee member tom coburn and democratic senator stabenow. share elect republican representative henserling and the co-chair. fox news sunday with chris wallace, today's sitting down with chuck...
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Dec 5, 2012
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republicans losing blame game on fiscal cliff. neener. majority of americans say if the country goes over the cliff on december 31st, congressional republicans should bear the brunt of the blame. "washington post" pew poll -- >> pew pew. >> stephanie: latest time the g.o.p. faces a tireless task between now and the end of the year. 53% say the g.o.p. would and should lose the fiscal cliff blame game. 27% say the president. so there. [ ♪ nah nah nah nah nah ♪ ] >> stephanie: a tee and then a hee. donna says i got my tickets. steph, as your official vegetarian travel agent i got meet and grope tickets. so did many of our stephanie and the mooks meet up group. >> i love that. >> stephanie: not that kind of meet. we're having a celebration dinner this sunday to celebrate getting meet and grope tickets to what -- >> it's a new year and time for a new inauguration. >> the president of the united states is once again barack obama. s. ♪ >> time for a new sexy liberal. >> i guess i'll have to speak for the people of my state from right here.
republicans losing blame game on fiscal cliff. neener. majority of americans say if the country goes over the cliff on december 31st, congressional republicans should bear the brunt of the blame. "washington post" pew poll -- >> pew pew. >> stephanie: latest time the g.o.p. faces a tireless task between now and the end of the year. 53% say the g.o.p. would and should lose the fiscal cliff blame game. 27% say the president. so there. [ ♪ nah nah nah nah nah ♪ ] >>...
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Dec 11, 2012
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budget control act because the republicans would like to start with a baseline of new cuts, and the obama people would say they have already given time to raise revenue. host: of the white house proposal on domestic spending -- 1-year deferral of sequestration and a multi-share stimulus package. from twitter, what do you consider domestic spending? is spending and the structure spending or investment in our future? guest: i would call it spending in the short term. in the long term, it creates jobs, and it avoids safety expenses, such as when the bridge collapse in minnesota 3 or four years ago. that is the thing about government programs. if you plan reductions, it seems to be more cost-effective. there is more certainty in the projection of when the budget will shrink, but when it is started, there can be arbitrary cuts in some of that can be wasteful. host: ruby. north carolina. democratic caller. caller: yes, i have a question. unemployment, the extension is set to expire on december 29. what is the likelihood of that been extended? guest: that is a good question. we have headed
budget control act because the republicans would like to start with a baseline of new cuts, and the obama people would say they have already given time to raise revenue. host: of the white house proposal on domestic spending -- 1-year deferral of sequestration and a multi-share stimulus package. from twitter, what do you consider domestic spending? is spending and the structure spending or investment in our future? guest: i would call it spending in the short term. in the long term, it creates...
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Dec 13, 2012
12/12
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a look at the social security program and the fiscal cliff negotiations. tea party leaders hold a news conference to voice their opposition to higher taxs. later the house debate on the fiscal cliff. >> the senate's small business committee holds a hearing on hurricane sandy that looks at federal assistance for small businesses affected by the storm. we'll hear from small business officials and fearbles from new york and new jersey. live coverage gets wurnedyay at 7:00 a.m. on c-span. >> i away to explain somehow told tearian happens. we've seen the archives that described the relationships. we know the main events from our point of view. we read them, we've written them. what i wanted to show from a different angle, from the ground up. what did it feel like to be one of the people who were subjected to this system? how did people make choices in that system and how did they react and how did they behave? it is interesting, one of things that happened since 1989 is the region we used call eastern europe. these countries don't have things in common with one
a look at the social security program and the fiscal cliff negotiations. tea party leaders hold a news conference to voice their opposition to higher taxs. later the house debate on the fiscal cliff. >> the senate's small business committee holds a hearing on hurricane sandy that looks at federal assistance for small businesses affected by the storm. we'll hear from small business officials and fearbles from new york and new jersey. live coverage gets wurnedyay at 7:00 a.m. on c-span....
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Dec 12, 2012
12/12
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looking at the domestic front, "ben bernanke is to make a last fiscal cliff police." "topping a yearlong campaign, he would get one last chance to talk washington down from the fiscal cliff. host: c-span will be carrying that press conference live, fed chairman ben bernanke, on c-span 3. you can find that at 2:15 p.m. eastern time. you can find it on their website, we will be archiving that after the fact. what deductions would you give up? let's go to dawn in eugene, oregon. caller code good morning. listen, the contribution thing is a way to be of service, as far as i'm concerned. host: by contribution you mean charitable contribution? caller: yes. it is something that i would want to keep. i mean, not keep, but i would be willing to contribute to that concern about taxes. my main concern is the mortgage deduction. how severe -- many of us have every dollar that we account for on the federal. if we did not have that, we would be up to 25%. this would be quite a severe blow if this were done in a cut and dried fashion. maybe they can do a tiered thing? that is the th
looking at the domestic front, "ben bernanke is to make a last fiscal cliff police." "topping a yearlong campaign, he would get one last chance to talk washington down from the fiscal cliff. host: c-span will be carrying that press conference live, fed chairman ben bernanke, on c-span 3. you can find that at 2:15 p.m. eastern time. you can find it on their website, we will be archiving that after the fact. what deductions would you give up? let's go to dawn in eugene, oregon....
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Dec 12, 2012
12/12
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cliff terry he and president obama spoke on the phone this evening after both sides exchanged new proposals. >> most of it was based on testimony given last dear -- lasest year. we have to cut spending. he is right. washington has a spending problem. we are broke. approach. a lot of people know that the president and i met on sunday. it was a nice meeting. it was cordial. we're still waiting for the white house to see what spending cuts the predent is willing to make as part of the balanced approach that he promised the american people. where are the president's spending cuts? the longer the white house slow walks this process the closer our economy gets fought fiscal cliff. -- gets to the fiscal cliff. here's what we know. we know that the president wants more stimulus spending and an increase in the debt limit without any cuts or reforms. that's not fixing our problem. frankly, it's making it worse. on top of that, the president wants to raise taxes on many small business owners. now, even if we did exactly what the president wants, we would see red ink as far as the eye can see. that's n
cliff terry he and president obama spoke on the phone this evening after both sides exchanged new proposals. >> most of it was based on testimony given last dear -- lasest year. we have to cut spending. he is right. washington has a spending problem. we are broke. approach. a lot of people know that the president and i met on sunday. it was a nice meeting. it was cordial. we're still waiting for the white house to see what spending cuts the predent is willing to make as part of the...
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Dec 11, 2012
12/12
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KRON
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has the fiscal cliff is three weeks away. he made the case for his proposal at a detroit auto plant. republicans are standing by that does not include those increases. if no deal is reached? there could be a major increase with severe spending cuts. >> the dallas cowboys football family is dealing with a tragedy. one team member died in a horrific car crash. another team member is charged in dallas cowboys nose tackle josh brent was released from dollar bond. he was arrested after a fiery car crash his teammate jerry brown. who was a passenger in brent's car. >> it appears as if he was traveling at a high rate of speed, at which time his vehicle touched or impacted the outside curb of the surface road causing the vehicle to flip at least one >> >> time. irving, texas police say the car traveled about 900 feet after hitting the curb. they arrested the 24-year old brent on suspicion of intoxication manslaughter. >> of our officers on scene felt as if alcohol was a contributing factor in the accident. dallas cowboys head coach j
has the fiscal cliff is three weeks away. he made the case for his proposal at a detroit auto plant. republicans are standing by that does not include those increases. if no deal is reached? there could be a major increase with severe spending cuts. >> the dallas cowboys football family is dealing with a tragedy. one team member died in a horrific car crash. another team member is charged in dallas cowboys nose tackle josh brent was released from dollar bond. he was arrested after a fiery...
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a new poll shows that 53% trust president obama to avoid the fiscal cliff compared to just 36% for republicans. let's bring in juan williams. he -- is it to make sure the republican take the blame for whatever happens? >> no. i will say this, the reason the president has been out campaigning is to amp up the politicallpressure on republicans and let them feel the heat from the public as a prospect that they would but taxes go up on everyone wheee there is a deal that would keep taxes down for 98% of the public. dagen: what about sticking to their guns? the president said he will not cut a deal without raising taxes on the wealthier americans. maybe they go off a little bit. is that a compromise that both sides would be willing to, well, eat? >> that is exactly the compromise that everyone around washington is discussing. the number that everyone is focusing on is the 37%. you also have, as part of that package, discussions about exactly how much, dagen, they would cut in terms of entitlement. dagen: secretary geithner caught in an interview that he gave this week, said that thee are absolutely
a new poll shows that 53% trust president obama to avoid the fiscal cliff compared to just 36% for republicans. let's bring in juan williams. he -- is it to make sure the republican take the blame for whatever happens? >> no. i will say this, the reason the president has been out campaigning is to amp up the politicallpressure on republicans and let them feel the heat from the public as a prospect that they would but taxes go up on everyone wheee there is a deal that would keep taxes down...
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Dec 7, 2012
12/12
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CNBC
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in washington news, both parties hinting at renewed talks on the fiscal cliff. the acknowledgement of open lines of communication passed for encouraging news. a new survey finds more than 60% of leading investment professionals predict a shorp stock decline in the market if the government fails to come up with a deal. in this case defined as a more than 10% drop in the dow. 56% surveyed foresee a deal to avoid the cliff by year end, 44% predict failure in the ongoing negotiations. as for corporate america, through yesterday's close, there have been # 70 announcements of special dividends. these special difference deebds are valueded a more than $30.1 billion. among the latest names, mcgraw hill will pay a special dividends of $2.50 a share before year end. and drop its previously announced plan to buy back up to $200 million more of stock this year. >> everybody's paid their dividends this year, so they won't be paying them next year. >> this is a major issue. what's going to happen is -- we have two great economists onset. but that money will get annualized, so
in washington news, both parties hinting at renewed talks on the fiscal cliff. the acknowledgement of open lines of communication passed for encouraging news. a new survey finds more than 60% of leading investment professionals predict a shorp stock decline in the market if the government fails to come up with a deal. in this case defined as a more than 10% drop in the dow. 56% surveyed foresee a deal to avoid the cliff by year end, 44% predict failure in the ongoing negotiations. as for...
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. >> the so the president has made it very, very clear, drawn a line, no fiscal cliff deal without higher tax rates for the highest earningers, tax rates have got to go up. question, what will speaker boehner have to say about that? his reaction will be new at ten this morning. mark stein is going to be here as well and he'll join us to explore that and more. we have an oil and mining deal to tell, but. freeport mcmoran and copper and gold will have exploration and two separate deals for 9 billion in cash and stock. i'm not quite sure what all of that means. just tell me the stock price, nicole. >> it means big moves for these two stocks here. freeport mcmoran is now down over 15%, but when you look at plains exploration and production, a big mover to the upside and that's up 23. stuart: i'm trying to get this. freeport mcmoran, they're the ones that are doing the buying and plains exploration are the people who are being bought. so the people who are being bought go up because they're paying a high price and the people who are paying the money out are going down. have i got that roughly
. >> the so the president has made it very, very clear, drawn a line, no fiscal cliff deal without higher tax rates for the highest earningers, tax rates have got to go up. question, what will speaker boehner have to say about that? his reaction will be new at ten this morning. mark stein is going to be here as well and he'll join us to explore that and more. we have an oil and mining deal to tell, but. freeport mcmoran and copper and gold will have exploration and two separate deals for...
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Dec 5, 2012
12/12
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to avoid the fiscal cliff. the president plans to deliver remarks and answer questions during a meeting of a business roundtable. critics say the president will call on business leaders to press lawmakers about raising the debt ceiling. while that is happening we expect to hear from house speaker john boehner any moment right now on the hill for the latest on what's happening on fiscal matters. martha? martha: meanwhile, there are new evacuations that have been ordered in a community where a train carrying toxic chemicals derailed nearly a week ago. 100 families told they have to leave their homes in new jersey near philadelphia. they have to play it safe until the last of the hazard does gas is removed. >> what we'll do we'll pump liquid in that dissolves the vinyl chloride. we'll pump that liquid back out into the highway truck. we have a derailment of hazardous of materials over and in a waterway and a community adjacent to it, right next to it. martha: the rail line is paying for hotel rooms and other expen
to avoid the fiscal cliff. the president plans to deliver remarks and answer questions during a meeting of a business roundtable. critics say the president will call on business leaders to press lawmakers about raising the debt ceiling. while that is happening we expect to hear from house speaker john boehner any moment right now on the hill for the latest on what's happening on fiscal matters. martha? martha: meanwhile, there are new evacuations that have been ordered in a community where a...
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Dec 12, 2012
12/12
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cliff and the fiscal cliff comprises a lot of serious issues but it is a metaphor. meanwhile, tens of thousands of my constituents an hundreds of thousands of people in connecticut, new jersey and new york are suffering vulls of a natural disaster which was anything but a metaphor. mr. himes: hurricane sandy devastated communities across those three straits -- states. traditionally when our constituents were homeless, when they were hungry, when they were standing amidst the wreckages of their homes they look to this body for help and this body always said yes, we will help. as we speak, there's a bill in the senate that would provide that assistance to so many distressed constituents, republican and democrat, rural and urban. when that bill gets to this house, i urge my colleagues to remember whether it was hurricane katrina or andrew or the earthquakes on the west coast we have set aside considerations in the budget oroff sets to do the decent and moral thing and help our constituents. let's do it again. i yield back the balance of my time. the speaker pro tempore
cliff and the fiscal cliff comprises a lot of serious issues but it is a metaphor. meanwhile, tens of thousands of my constituents an hundreds of thousands of people in connecticut, new jersey and new york are suffering vulls of a natural disaster which was anything but a metaphor. mr. himes: hurricane sandy devastated communities across those three straits -- states. traditionally when our constituents were homeless, when they were hungry, when they were standing amidst the wreckages of their...
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Dec 12, 2012
12/12
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i predict technical going over of the fiscal cliff. i think the democrats benefit from putting a bill to the floor that's basically -- that will be the obama tax cut. they're going to have to vote against it. the first vote of this new congress, they're going to have to vote against a middle class tax cut. no win for these guys if they don't pass it in the next week. they can't word it between now and then. crafting a bill actually takes some time and some process. >> stephanie: yep. megan in akron ohio. hi welcome. >> caller: hi. i just have a question for you. about the viability of a challenge to this in michigan. what can they do? >> stephanie: megan, i was doing that story earlier that the unions are saying -- this fight is not over. there may be a way you know, to be able to -- i don't know the technical term for it. basically to be able to put it back -- >> negative ballot initiative. some other options. >> stephanie: if they get enough signatures -- >> the history is not on their side. every time they try to do that, it has bee
i predict technical going over of the fiscal cliff. i think the democrats benefit from putting a bill to the floor that's basically -- that will be the obama tax cut. they're going to have to vote against it. the first vote of this new congress, they're going to have to vote against a middle class tax cut. no win for these guys if they don't pass it in the next week. they can't word it between now and then. crafting a bill actually takes some time and some process. >> stephanie: yep....
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Dec 7, 2012
12/12
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fiscal cliff week for the most part, a lot of other -- that and a lot of other news to talk about today. we have the big job numbers coming up today as well for the month of november. it won't be quiet as critical as the job numbers were. remember that? that was right before the election. but still, it's very important. we'll be on top of that and all of the other issues for you and with you and hearing from you at 866-55-press. >> that's our toll-free number 866-557-7377. follow us on twitter. join us on twitter. more and more people do. at the whitehouse, so many of the reporters were saying how much they love following us on twitter. you should, too, at bp show @bp show @bpshow and facebook/billpressshow. team press here for the fifth day in a row all together. this is a new record action i think. here we are five days. nobody took a day off. peter ogburn and dan henning. >> happy friday. >> and cyprian bowlding wearing god knows what hat this morning. our videographer in chief. >> the washington fuel team he is representing with his hat. >> redskins hat. >> they changed their unifor
fiscal cliff week for the most part, a lot of other -- that and a lot of other news to talk about today. we have the big job numbers coming up today as well for the month of november. it won't be quiet as critical as the job numbers were. remember that? that was right before the election. but still, it's very important. we'll be on top of that and all of the other issues for you and with you and hearing from you at 866-55-press. >> that's our toll-free number 866-557-7377. follow us on...
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Dec 11, 2012
12/12
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CNNW
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everyone is watching washington for any news from these private fiscal cliff talks. and brace yourselves, the federal reserve begins its two-day meetings on interest rates today. >> christine romans is here talking about the fascinating report of what the world will look like in 2030. >>> every four years this report is put together, the global trends report. this is to give to incoming administration to show them what the world will look like, what intelligence agencies think the world will look like. it's fascinating. it shows china on the rise, the west in decline and china overtaking the united states in size of economy by the year 2030. here are the key findings of the new intel report. it's interesting reading. a majority of the world's population by 2030 will be out of poverty for the first time in world history. there will be wars over food and water and natural resores. populations will continue to rise and there will be recurring global economic crises but when you think about this, you think about how far we're going here. you've got asia, china in particu
everyone is watching washington for any news from these private fiscal cliff talks. and brace yourselves, the federal reserve begins its two-day meetings on interest rates today. >> christine romans is here talking about the fascinating report of what the world will look like in 2030. >>> every four years this report is put together, the global trends report. this is to give to incoming administration to show them what the world will look like, what intelligence agencies think...
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Dec 5, 2012
12/12
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they don't want to be in left in a position of being blamed for the fiscal cliff. you're seeing a division between house members and senate members. the reason for this is mainly over the 800 billion in new tax revenue. this was part of john boehner and plan. those tea party-backed conservatives say this is something that would help job growth. clearly what we're seeing here is republicans are not speaking with one voice. >> republicans should not be conceding that the federal government needs more money, negotiating with ourselves and treating the president's proposal like it's serious. >> we do agree that 8% of the american people are getting about 80% of this tax cut shouldn't have their taxes raised. my suggestion was let's take the one area we agree and take it off the table. >> but zoraida, as you saw there from the president earlier in that bloomberg interview, he is digging in, saying there can't be a deal unless upper income americans pay more. middle-class americans should get the bush era tax cut extension. is he not backing down from that at all. the pr
they don't want to be in left in a position of being blamed for the fiscal cliff. you're seeing a division between house members and senate members. the reason for this is mainly over the 800 billion in new tax revenue. this was part of john boehner and plan. those tea party-backed conservatives say this is something that would help job growth. clearly what we're seeing here is republicans are not speaking with one voice. >> republicans should not be conceding that the federal government...
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Dec 9, 2012
12/12
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WBAL
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with the fiscal cliff looming, how will it affect holiday shopping? that story coming up. >> and the radar looks messy right now, heavier rain showers coming in from northern virginia. details in the insta-weather plus forecast. >> trackidy hits the dallas cowboys one day before they're scheduled to play the bengals. the latest on the arrest of one player and death of another. >> you're watching wbal-tv 11, live, local, late breaking. [captioning made possible by constellation energy group] >> good morning and welcome to 11 news sunday morning, i'm franciotti. lisa has the day off. >> i'm kerry cavanaugh. first, a look outside with ava and it was soupy today. >> like pea soup. it's a mess out there. we basically have all this fog we have to deal with, showers, as well, to watch for. earlier this morning, low visibility because of the dense fog from baltimore county to st. mary's county and eastbound, the lower eastern shore and delaware, as well. if you look at the radar, you can see showers across baltimore city moving up 95 into white marsh into edg
with the fiscal cliff looming, how will it affect holiday shopping? that story coming up. >> and the radar looks messy right now, heavier rain showers coming in from northern virginia. details in the insta-weather plus forecast. >> trackidy hits the dallas cowboys one day before they're scheduled to play the bengals. the latest on the arrest of one player and death of another. >> you're watching wbal-tv 11, live, local, late breaking. [captioning made possible by constellation...
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Dec 10, 2012
12/12
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is there a risk for america here over the fiscal cliff? last time when we had the debt ceiling discussion, in the wake of that, there were some very strong comments out from senior chinese officials, that china should think twice about buying american treasuries. do you think that is a response that could be similar, although it be only verbal, if we go over the fiscal cliff? >> well, i think certainly the senior chinese leadership has been watching the external demand picture very, very closely. i think they're looking for all sorts of potential risks as well, potential opportunities to pick up assets on the cheap. i think in terms of china's own policy itself, the most obvious thing is if indeed it falls off the fiscal cliff, or things in europe, et cetera, we think they're likely to further loosen. however, if that doesn't happen, we think that the stage of loosening is more or less done for now. if there is further loosening policy, we think fiscal policies are likely to be the first line of defense before they resort to property polic
is there a risk for america here over the fiscal cliff? last time when we had the debt ceiling discussion, in the wake of that, there were some very strong comments out from senior chinese officials, that china should think twice about buying american treasuries. do you think that is a response that could be similar, although it be only verbal, if we go over the fiscal cliff? >> well, i think certainly the senior chinese leadership has been watching the external demand picture very, very...
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Dec 12, 2012
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. >> as the debate continues over the fiscal cliff, i'm reminded once again, you know, i think it's porn that we remember, washington doesn't have a revenue problem. it has a spending problem. and you look at the record debt that's been accumulated over the last four year the projecks are pretty startling over the next 10 queers as to $1 trillion deficits as far as the eye can see. a nearly doubling of our debt. two years ago, i -- we had a baby girl born, and at that time, her share of the national debt was $45,000. and on the current track, by the time she gets in high school, her share of the national debt will be $100,000. $100,000 per child in this country -- country. america deserves better. our children deserve better. that's why we're not just after the quick fix. we're after a real fix. we want -- this is our moment to lay out that framework, address tax reforms, to address the spend regular forms that america needs. and we need the president to get serious, we need him to get to work with us, so that we can solve this, the sooner the better. the clock is ticking and we're runni
. >> as the debate continues over the fiscal cliff, i'm reminded once again, you know, i think it's porn that we remember, washington doesn't have a revenue problem. it has a spending problem. and you look at the record debt that's been accumulated over the last four year the projecks are pretty startling over the next 10 queers as to $1 trillion deficits as far as the eye can see. a nearly doubling of our debt. two years ago, i -- we had a baby girl born, and at that time, her share of...
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Dec 8, 2012
12/12
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MSNBCW
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. >>> meanwhile, back in washington, with just over three weeks left to make a deal on the fiscal cliff, both sides out with new statents today. and on the surface, they still sound far apart. president obama this morning saying he's going to insist on raising taxes on the wealthiest americans no matter what. >> if we're serious about reducing our deficit while still investing in things like education and research that are important to growing our economy, and if we're serious about protecting middle-class families, then we're also going to have to ask the wealthiest americans to pay higher tax rates. that's one principle i won't compromise on. >> meanwhile, on the other side of the aisle, republican senator marco rubio gave the weekly republican address today. part of his message? the tax rate should not go up on anyone including the top 2%. >> we must reform our complicated, uncertain, job-killing tax code by getting rid of unjustified loopholes. but our goal should be to generate new revenue by creating new taxpayers, not new taxes. >> joining me, author of "the escape artists: how o
. >>> meanwhile, back in washington, with just over three weeks left to make a deal on the fiscal cliff, both sides out with new statents today. and on the surface, they still sound far apart. president obama this morning saying he's going to insist on raising taxes on the wealthiest americans no matter what. >> if we're serious about reducing our deficit while still investing in things like education and research that are important to growing our economy, and if we're serious...
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Dec 5, 2012
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cliff. the group is urging congress to take immediate action to avoid those automatic tax increases and spending cuts come january. president obama is saying that with the way speaker boehner plan stands now, no deal. >> unfortunately the speaker's proposal is out of balance. we will have to see the rates on the top 2% go up and we are not going to be able to get a deal without it. >> that was an exclusive with bloomberg t.v. and the first televised interview since the president's re-election. as you heard, taxes are the big issue blocking this deal from taking place. president obama is calling for downhill the amount of tax revenue as speaker boehner over the next tens years, most from the nation's top earners. many. republicans say that's not the way to handle this. here is marco rubio. >> it wouldn'ting make a small bent in the debt but it would heard middle class businesses. >> the g.o.p. could be risking a civil war over this issue. it does not look like obama is ready to cave. if that
cliff. the group is urging congress to take immediate action to avoid those automatic tax increases and spending cuts come january. president obama is saying that with the way speaker boehner plan stands now, no deal. >> unfortunately the speaker's proposal is out of balance. we will have to see the rates on the top 2% go up and we are not going to be able to get a deal without it. >> that was an exclusive with bloomberg t.v. and the first televised interview since the president's...
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Dec 11, 2012
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we've got huge unemployment, in the middle much a war, about to go off the fiscal cliff. this guy is going, let's show a movie at work! that will be fun. no wonder they can't get anything done. >> gretchen: that's funny. i guess the only inspiration would be that maybe it would be inspiration to actually get something done because if you see the movie, you see that president lincoln got something done. >> steve: of course, that's in the senate. a u.s. senator is weighing in on the new movie that comes out in december, called "zero dark 30", all about the operation that got bin laden. what's interesting, though, and we haven't seen the movie yet, but apparently, according to people who have seen the movie, about the first 15 minutes involves a water boarding of the courier by operatives and, of course, the water boarding by the curier led to mr. bin laden and his compound. but there is a problem there. that is the fact that keep in mind, this is supposed to be based on real facts. that never happened. >> eric: which part never happened? i mean, we've heard that the enhance
we've got huge unemployment, in the middle much a war, about to go off the fiscal cliff. this guy is going, let's show a movie at work! that will be fun. no wonder they can't get anything done. >> gretchen: that's funny. i guess the only inspiration would be that maybe it would be inspiration to actually get something done because if you see the movie, you see that president lincoln got something done. >> steve: of course, that's in the senate. a u.s. senator is weighing in on the...